GBPCHF Set To Resumes Long-term Advance
GBPCHF has just completed a 5-3 "impulse-correction" wave cycle.
According to the Elliot Wave principle, once a 5-3 wave cycle is completed the primary trend resumes.
In GBPCHF's case, the primary trend is bullish and target above wave A high is plausible.
The breach of the blue line will confirm the correction has bottomed.
What's your thought on GBPCHF?
According to the Elliot Wave principle, once a 5-3 wave cycle is completed the primary trend resumes.
In GBPCHF's case, the primary trend is bullish and target above wave A high is plausible.
The breach of the blue line will confirm the correction has bottomed.
What's your thought on GBPCHF?
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